Money talks: Are asset managers worth the money?
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 7 June 2016
⏱️ 15 minutes
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| 0:00.0 | When you get a little bit of transparency, the nitrous to want more. |
| 0:05.0 | The number one biggest shift is that basically everyone realized we got to zero fast. |
| 0:10.0 | Transparency is the key defense against dreamwashing risk. |
| 0:15.0 | Listen to sound progress and Axa Investment Managers podcast to hear what our experts have to say on the subject of transparency. This is not financial advice and when |
| 0:27.5 | investing capital is Money Talks. |
| 0:41.0 | Or should that be Money Sings? In New York, |
| 0:44.0 | New York, just to work. |
| 0:46.0 | Alexander Hamilton. |
| 0:48.0 | This week I'll be talking to Dan Rosenheck and Way Joe, |
| 0:50.0 | who've been diving into the numbers behind the numbers in the world of Broadway musicals. |
| 0:54.8 | Broadway actually outperforms Hollywood at the high end. |
| 0:58.0 | President Obama has said that it is basically the only thing that he and Dick Cheney ever agree on. |
| 1:03.0 | But first, we're looking at whether investment firms are ripping off their customers |
| 1:08.0 | and the firm that has been leading the charge against the established order. |
| 1:11.0 | Investing with Vanguard means one of the last things they're thinking about is investing. |
| 1:16.5 | Vanguard being client-owned tells me they work for me. |
| 1:19.7 | It's whole purpose is to make money for its clients. |
| 1:22.6 | The only bottom line that matters is yours. |
| 1:25.6 | Those came from some adverts for the Vanguard Group, |
| 1:28.4 | an asset management firm from Pennsylvania. |
| 1:30.8 | It was small for right first, attracting an initial investment of just 11 million dollars in 1975, |
| 1:37.0 | but it now manages roughly 3 trillion in assets and its investors own 5% of all listed firms in America. |
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